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-0.0263157894736843 -0.0389016018306636 -0.0389016018306636 -0.0417620137299771 -0.0377574370709382 -0.0194508009153318 -0.0268878718535468 -0.0220251716247138
Stock impact report

Fulton Financial Announces Pricing of $250 Million Offering of Common Stock

Fulton Financial Corporation (FULT) 
Last fulton financial corporation earnings: 4/21 04:48 pm Check Earnings Report
Company Research Source: Business Wire
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the pricing of its public offering of 16,666,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, for an aggregate offering amount of $250 million. In addition, the Corporation has granted the underwriters a 30-day option to purchase up to an additional 2,500,000 shares of common stock at the public offering price, less underwriting discounts.Piper Sandler and BofA Securities acted as joint book-running managers for the offering.The Corporation expects that the net proceeds of the offering will be approximately $238 million, assuming no exercise of the Underwriters’ option to purchase additional shares, after deducting underwriting discounts and before deducting transaction expenses payable by the Corporation. The Corporation intends to use the net proceeds of the offering for general corporate purposes, including to support ne Show less Read more
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